Stocks fell on Wall Street Monday as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect. .
Stocks fell on Wall Street Monday as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect.
The selling accelerated after the Trump administration released letters informing Japan and South Korea that their goods will be taxed at 25% starting on Aug. 1, citing persistent trade imbalances with the two crucial US allies in Asia, the AP reports.
